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Search Results 0 to 24 of about 25 (some duplicates have been removed)
rome. >> available to lead italy again, if needed. on sunday, italy's former prime minister mario monti announced his plans after his resignation. >> i am not joining any specific party, but i would like the parties to take home these ideas. these ideas or any other ideas. we need to come up with ideas. and i hope the ideas here, contained in the manifesto, will be adopted by the vast majority of parliament. >> he will not run directly in the next election or side openly with any parties, but he says he would be ready to leave the country again. on one condition -- the next ruling party follow the strict plan of reform set to bring italy back onto the path of economic growth. monti was forced to resign on friday after former prime minister's silvio berlusconi's party withdrew its support. been criticized his pledge -- they criticize his pledge to retract some taxes he had budgeted last year. he returned here to the official prime minister's residence. whether he will be here after the election depends on whether the coalition allows him to finish the job. >> he has the capability to be
. for example, on industrial orders and sales in italy, orders flat on the month, down .2 on the month for sales and down nearly 5% on the year. so confirming some of the weakness that we know we've seen previously in the italian economy. meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. that's the current counselor plus which in october was an adjusted 3.9 billion euros, up quite a bit from the 2.5 billion reported for september. now that also comes after -- a day after the european union's report suggesting that in fact the european union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book in a little increase again, but important is here, not only the expectation part of the index but also that we ge
in italy. that's something angela merkel could support. although she might have to face her own transition to the left as we face elections in september. it's hoped mario monti would stand again and would stay in place because clearly that was the sort of work in progress that worked well. down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jong un. the magazine didn't admit that various online campaigns were at work to influence the vote. not necessarily a legitimate tell on who readers would like to see as person of the year. so we're going to cast our own poll on "worldwide exchange." who is your pick for person of the year? e-mails us here, tweet us. i think ross westgate gets my nod. we'll see if maybe he comes out ahead in our unofficial reader poll. staying on that topic, the financial times has named its person of the year. we'll tell you who it is and talk to the newspape
in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch bank and sell their shar
's highest military medal for action in italy. as a member of the senate, senator inouye continued his fierce defense of his state in his partnership with alaska. my preye predecessor, ted steve, knew senator inouye as his brother. they worked together and produced much good for both our states. that will last for generations. when i was elected to this office, senator inouye was one of the first members to reach out to me to ask how he could help. the unique thing about senator inouye was always his quiet approach to all the issues. he provided me quiet advice and helped me learn how this place works. many times i'd be down here at the podium and in the well here waiting for the vote to be tallied or members to vote, and snon senator inouye was come in, stand at the edge there and look up and just say, how's it going, alaska? and we would have a brief conversation and usually his words were land incredible insight -- it may not even be relevant to the topic that we were voting on, but he'd say something to me about something he knew i was working on. and he would just share a few words. i kn
? not italy, i can tell you that. one global investor shares his pick next. tracy: the food and the love is still better there. a look at the winners and losers on the nasdaq. as we head out to break, research in motion up top. liberty media holders and sears all down today. we will be right back. tracy: so here's a shocker, not only as a federal government spending way more money than it has, but state government spending is also out of control. so much so that had to hold a conference to figure that out. senior washington correspondent peter barnes has the latest. let's get all these people together, spend more money to figure out where overspending. >> it was an interesting conference. many state governments have also made big spending commitments they may not be able to keep and display experts at the u.s. chamber of commerce said it could be getting worse. this report from that task for force, the state budget crisis task force estimated state and local tension funds are underfunded by 8 trillion to 3 trillion. another trillion for unfunded health benefits and other health care refo
is the major destination: germany, upwards of $80,000; $40,000, $50,000 in the netherlands, spain and italy and turkey. all of these countries are getting trafficked women. we have laws in every country on the planet that say you can't abduct people, you can't kidnap, you can't force them into prostitution, you can't assault them. the laws are there, but they're not being enforced. >> narrator: a day has passed and viorel still hasn't heard from maria or apo. >> no answer? >> nobody answering. >> narrator: most trafficking victims have no way out. a few escape, and some are let go when they're of no more value. but many get caught up in police raids like this one in antalya. what seems at first like a rescue will actually become the beginning of a new ordeal. >> when the cops find them, they deport them. the police just simply bring them to the immigration authorities, and they are deported. they're re-victimized yet again by the system. >> narrator: in most countries, trafficked women are treated as illegal immigrants with no access to the justice system, and the traffickers and pimps are
,000. fears it could be devastating as the storm that killed more than 1200 people last year. >>> well, italy a painting by leonardo da vinci stolen decades ago has been returned. taken from naples back in 1940. it made its way to the black market and went through switzerland, germany, the united states before ending up in a museum in japan. the museum agreed to return it to italy after hammering out a joint custody agreement. >>> well, when we come back, the pictures that caught our attention. don't miss that. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you on
and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we cannot repay them, massive interest-rate increases, you and i have talked about this before. but shame on us for not realizing that we stay on this path, we are in real financial trouble. gregg: stephen moore, economics writer for "the wall street journal." on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there are 700,000 russian children who need a home. only 18,000 russian families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive parents. he was neglected. but it is reall
my stay both in aleppo and italy you see every day, especially if you could to center aleppo, it is bombing. it is a warm toward situation -- war torn situation. different italians were able to unite. one of the first issues was to get them out of the city. it is much more likely that you get bombed. based on they got bombed. -- later on they got bombs. the first challenge is that the city has to be able to defend themselves. how are they going to be able to sustain anything meaningful? >> this is a very good question. whether or not the civilian efforts are sustainable, it depends on whether or not the civilians are empowered to meet the needs are not. i work with a supreme assembly. what i know about the council is not based on my filtered to allow bela lot of. -- based on my relationship with aleppo. one of the main challenges they are facing is this empowerment components. they have ambitious projects. in the security committee in of did not want the fsa to control the liberated areas. to do this they appointed a brigadier general. i met with him. he wanted to start a com
goes over the fiscal cliff but the real crunch time comes the next couple of days. >> italy schmidt has more from washington. >> it and then but i can't be enough. if that was the case and there the secretary of state announced the bthe in is fast approaching. >> the president still is not serious about dealing with this issue right here. it is this issue. spending. >> democrats countered there are plenty of presidential details it is just that the speaker is on willing to listen to them. >> the speaker cannot ignore the american people forever. at some point reality should set in. >> what is john boehner waiting for. >> democrats and republicans are to focus on and not increasing taxes for the wealth is americans. >> this is just not right. how does this make sense. when time is of the essence of the clock is ticking. >> congress is going home as of now the key negotiators are talking for at least one more time. in washington i believe it. >> we will be right back as the kron 4 morning news continues. a look at the golden gate bridge this morning were traffic is light. >> welcome back
-year-old lieutenant inowe way led an assault on machine guns in italy. he destroyed all three after being shot in the stomach and having his right arm nearly severed. it was later amputated. he was awarded the distinguished service cross but it was elevated to the medal of honor. his death live the michigan congressman as one of the two remaining world war ii veterans in congress. >> he worked to make the congress effecve as a tool in serving the broad public interest both for hawaii and for the rest of the country. he believed in legislating, legislating well. he knew that working together and accepting the responsibilities that we get when we are sworn in and when weary lected was an extremely important part of his responsibility as senator. >> brown: after the war, he turned to politics. he won a seat in the u.s. house in 1959 and was elected senator in 1962. six years later as keynote speaker he lent a steady voice of reason to the riotous proceedings of the 1968 democratic convention in chicago. >> this is our country. and we are engaged in a time of great testing. >> brown: he
to address the climate crisis. it is all over the world. venice, italy is flooded. a tornado in italy the other day. japan just had another tsunami. the disaster of sewage and leaks. the climate apex for a meeting was just a in dubai. they came to the conclusion that climate change is over use of fossil fuels and natural gas and oil. the amount of fossil fuels utilize by countries with huge populations such as india and china. we need energy, but we need to move onto clean energy. that is one of the president's priorities. he can create a whole new infrastructure that replaces the military industrial that eisenhower warned us about. host: thank you for the call. speaking along the lines of the environment and the epa. there is this -- from "to the boston globe" -- this from "the l.a. times" -- from "the gazette" in colorado -- our question for you is, what the think the president's no. 1 priority should be? just is joining us on the democrat line. caller: good morning. it was a little bit of serendipity that you read the editorial from "the new york times." i believe the first priorit
from florence italy to ft. lauderdale, florida, airbnb is looking for you. this online marketplace helps you rent a room or a house, and it is cheaper than most hotels. >> customers love it. some homeowners say it's helped them avoid foreclosure, but airbnb also had trouble with the law. we'll meet the founder and ceo. there he is. next on "cbs this morning." >> ♪ >>> airbnb is changing the travel business big time the same way that craigslist shook up classified ads. the website connects people who want to rent out a living space to travelers who need a place to stay. so, in just four years, airbnb has grown into one of the world's largest online marketplaces. co-founder and ceo, that would be brian chesky is here in studio 57. hello, brian chesky. >> hello. >> and congratulations to you. >> thank you. >> this is so cool. so, it's my understanding this company started, as many companies do with a personal issue for you that you were traveling to solve. >> yeah. i was living in san francisco with my roommate, joe, and we didn't have enough money for rent
't affect the millionaires. they had to dial back. in france, of course, in all these countries and italy and other countries excise tax. they went in first. the cuts came after that, whatever meager cuts. that was growth of the growth off the growth. melissa: right. >> the lesson to be learned from europe isn't to be careful on cutting. it is to be careful on hike being, on hiking taxes. the beast is the government, in my opinion here. the beast is the government. you don't reward the beast by giving it more food, more dollars. that's what i near is going on here. melissa: yeah. lori: the president's desire to get rid of the debt ceiling limit at all, what kind of ramifications, what could happen? are we looking at another debt downgrade? a second downgrade could be really, really -- >> here is what i agree with him. this charade we go through every few months on the debt limit. republican presidents, democratic presidents, mark zandi from moody's it does damage our credibility. i agree to something like that. i didn't like fiat saying i will handle the debt thing. that would be like let
the aviation business of italy's avio for $4.3 billion. ge is trying to expand its participation in the jet propulsion market. they were once owned by fiat and is now controlled by a european private equity firm and research in motion reported a smaller than expected also for its latest quarter. the stock is under pressure as the company saw its first-ever drop in its subscriber rolls and said it would be changing its fee structure. that is something that brings in more than a third of the nephew. it's been seen as the one real stable piece of that business. we do have the ceo thorsten heins. he'll be joining us in just about 30 minutes to talk more about this. >> there's only ten days left now to prevent automatic tack hikes and spending cuts. joining us from washington, republican congresswoman shelly moore capito. were you privy to everything that was happening yesterday? >> i was shocked when we went into the conference at 7:45 and the speaker, after offering this serenity prayer, said merry christmas, you're going home, we're not putting the vote up, we don't have the votes. i was disa
february. monti led efforts to deal with italy's debt crisis. he appointed a cabinet of experts, not politicians. he pushed for structural reforms for over a year. he says the government has been hard to run since it lost support from the vice party led by prime minister berlusconi. he is expected to outline his ideas at a news conference this weekend. >>> the head of nato says syrian president bashir assad is acting like a desperate regime. he is condemning the syrian military for continuing with opposition forces. he said it justifies nato's mission to overcome turkey. it is a country which borders syria. >> the facts that such missiles are used in syria emphasizes the need for effective defense and protection of our ally, turkey. >> the united states, germany and the necessity netherlands we turkey with 200 personnel. they are expected to deploy the troops and artillery early nextier. >>> japanese government officials are expanding their reach in an economy that has a trusting global interest. they signed a developing agreement with nenya. they have been carrying foreign deve
Search Results 0 to 24 of about 25 (some duplicates have been removed)